Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28062. (Read 26710352 times)
April 23, 2014, 02:00:21 AM
April 23, 2014, 01:33:49 AM
12h/1d macD look like the huge dump is just around the corner
But at least the 3d MACD has the first little sign of green since last year... finally! 
April 23, 2014, 01:22:22 AM
12h/1d macD look like the huge dump is just around the corner
roger that dump incoming , but I think we are slowly on way up to $800 or who knows new ATH by July/August/September time I guess.
April 23, 2014, 01:06:49 AM
12h/1d macD look like the huge dump is just around the corner
April 23, 2014, 01:00:22 AM
April 23, 2014, 12:36:16 AM
That's number of addresses involved in a transaction per day. A little more than two addresses per transaction.
Thanks! April 23, 2014, 12:25:40 AM
I was just hoping you could offer more comprehensive analysis. I won't ask again.
The whole story is right here.Thanks...
April 23, 2014, 12:00:25 AM
I was just hoping you could offer more comprehensive analysis. I won't ask again.
The whole story is right here.Thanks...
April 23, 2014, 12:00:18 AM
April 22, 2014, 11:53:55 PM
Look, man. My post wasn't sarcastic. I was ACTUALLY asking you to make a comprehensive case. The fact that you respond by saying that I am "offended" and "dreaming" and "wrong" and offered no further bull evidence makes you look the like the one who is defensive and scared. Yeah, I made a bad trade at 475 that I admitted to. Does that make the bull case stronger? Of course not. That was on me, not the market. I didn't follow my own rules in that one particular case.
But you are the one that is coming across as desperate. I don't give a flying f*** if we go up or down from here personally. I was simply asking you to make a comprehensive case. But you seem only interested in congratulating yourself on catching this wave up. Whatever.
But you are the one that is coming across as desperate. I don't give a flying f*** if we go up or down from here personally. I was simply asking you to make a comprehensive case. But you seem only interested in congratulating yourself on catching this wave up. Whatever.
I think you need to work on your sarcasam skills.
desperate? me? I bought at 484, remember? Im pretty comfy. Im on a roll.
so you dont like your bad trades being poked at? hmm interesting. I haven't made any promises, so I really wouldn't feel the same. if you want to come poke fun at me in a couple of days ill be here, but at this rate, Im not going to forget this either.
Ive made a comprehensive case but you wouldn't remember the details. you seem to have made up your mind.
lol. whatever. I have about 100x times more at stake on exchanges than you do. Of course I care. I can't afford to have some unreasonable market bias.
I dont want to poke fun at you. That's the point. I was just hoping you could offer more comprehensive analysis. I won't ask again.
No need to argue, I think we can all agree that we want btc to continuously rise to significantly higher levels than we are at right now. I for one don't believe that the current market price is representative of the mass adoption that we have seen over the past few months. Yes we have had a fair share of bad news out of China, and a few other countries, but the amount of money being poured into the ecosystem developing new apps and btc businesses is not yet reflected in our prices. Once more of these startups are up and running, it is simple logic that we will see a ton more daily transactions, and therefore see higher prices.
April 22, 2014, 11:44:10 PM
April 22, 2014, 11:00:22 PM
April 22, 2014, 10:53:02 PM
Come on, Chessnut, make a REAL case for us. You have been chattering on cheerleading the market with bullish expectations. But posting these same charts over and over again and saying things like we will go up because triangles normally continue direction is ridiculously weak TA. Make a real case for us. Tell us where the money came from to take us up. Tell us where that money is now. Tell us why we can capitulate on historically low volume. Tell us why this is really different than March. Make a real case. Answer all our bearish doubts with some real substance. We wanna believe that we can go into another bull market. Tell us why we really really should believe this without posting that one chart over and over. Give us some real meat, Chessnut!
Usually, I had been seeing Chestnut lose his cool b/c guys were pounding on him and beating him up, and in this instance, it seems that Chestnut is coming out ahead... GO Chestnut!!! I am a fan of the underdog. hehehe
well I thought that was pretty inflammatory what he said up there. 'cheerleading' 'REAL case'. Ofcoarse I have fundamental reasons, I have given them, but windjc forgets those. I hope he was just joking, but it's not funny.
I'm exaggerating a little bit, too.. yet I don't think that you need to explain further... we come to different conclusions and NO one really knows. Certainly, he can provide his own analysis, and in the end, some bets may NOT pay off.. but that may NOT be the result of bad prediction, just inability to predict based upon the realities of actual manipulation that is taking place.. You can only go so far to predict the extent of the manipulation.
For all we know, Uncle Sam may have the 650K missing GOX coins and using those coins to undermine bitcoin... Uncle sam has a better chance of undermining bitcoin, if they can widdle away public confidence while bitcoin is still in its infancy stages. Additionally, some big banks may be willing to engage in some of this purposeful loss of money to manipulate the market downward... we do NOT really know for sure whether some manipulator(s), to the extent they exist may be operating at a loss in order to affect the price.
Sorry to be so conspiratorial.. but I think that there is only so much that you can do with TA lines.
"Uncle Sam" takes forever to get anything done. There is no way they could go from "bitcoin's aiight" to "let's undermine this shit" in like, 5 months, so I wouldn't worry too much about that.
Uncle Sam is a complicated mechanism comprised of a variety of conflicting entities and ideologies. Some of those entities are hidden and quasi-self-autonomous, until they are ratted out.. here and there.. and people are killed and persecuted for revealing some of the shenanigans within some govt agencies in the guise of national security. I would NOT rest assured merely b/c the IRS says one thing and NY state govt says some variation and California and Texas government says something else and FINRA says something else, and Dept. of Treasury says something else.
Have we had Homeland security and NSA chime in, yet? or the FBI and/or CIA... and/or Dept of Justice.. Anyhow, my point is that there are a variety of conflicting regulatory and policing entities, and some of them are NOT going to disclose exactly what is their position concerning bitcoin... However, we can likely rest assured in some regards to have some positive outcomes, and we can also probably rest assured to some extent that the bitcoin market cap is still fairly small, so may NOT be perceived by some actors as a problem , but instead as a benefit to the economy and to their own self-interests to acquire and preserve wealth.
April 22, 2014, 10:31:51 PM
Come on, Chessnut, make a REAL case for us. You have been chattering on cheerleading the market with bullish expectations. But posting these same charts over and over again and saying things like we will go up because triangles normally continue direction is ridiculously weak TA. Make a real case for us. Tell us where the money came from to take us up. Tell us where that money is now. Tell us why we can capitulate on historically low volume. Tell us why this is really different than March. Make a real case. Answer all our bearish doubts with some real substance. We wanna believe that we can go into another bull market. Tell us why we really really should believe this without posting that one chart over and over. Give us some real meat, Chessnut!
Usually, I had been seeing Chestnut lose his cool b/c guys were pounding on him and beating him up, and in this instance, it seems that Chestnut is coming out ahead... GO Chestnut!!! I am a fan of the underdog. hehehe
well I thought that was pretty inflammatory what he said up there. 'cheerleading' 'REAL case'. Ofcoarse I have fundamental reasons, I have given them, but windjc forgets those. I hope he was just joking, but it's not funny.
I'm exaggerating a little bit, too.. yet I don't think that you need to explain further... we come to different conclusions and NO one really knows. Certainly, he can provide his own analysis, and in the end, some bets may NOT pay off.. but that may NOT be the result of bad prediction, just inability to predict based upon the realities of actual manipulation that is taking place.. You can only go so far to predict the extent of the manipulation.
For all we know, Uncle Sam may have the 650K missing GOX coins and using those coins to undermine bitcoin... Uncle sam has a better chance of undermining bitcoin, if they can widdle away public confidence while bitcoin is still in its infancy stages. Additionally, some big banks may be willing to engage in some of this purposeful loss of money to manipulate the market downward... we do NOT really know for sure whether some manipulator(s), to the extent they exist may be operating at a loss in order to affect the price.
Sorry to be so conspiratorial.. but I think that there is only so much that you can do with TA lines.
"Uncle Sam" takes forever to get anything done. There is no way they could go from "bitcoin's aiight" to "let's undermine this shit" in like, 5 months, so I wouldn't worry too much about that.
April 22, 2014, 10:13:16 PM
Come on, Chessnut, make a REAL case for us. You have been chattering on cheerleading the market with bullish expectations. But posting these same charts over and over again and saying things like we will go up because triangles normally continue direction is ridiculously weak TA. Make a real case for us. Tell us where the money came from to take us up. Tell us where that money is now. Tell us why we can capitulate on historically low volume. Tell us why this is really different than March. Make a real case. Answer all our bearish doubts with some real substance. We wanna believe that we can go into another bull market. Tell us why we really really should believe this without posting that one chart over and over. Give us some real meat, Chessnut!
Usually, I had been seeing Chestnut lose his cool b/c guys were pounding on him and beating him up, and in this instance, it seems that Chestnut is coming out ahead... GO Chestnut!!! I am a fan of the underdog. hehehe
well I thought that was pretty inflammatory what he said up there. 'cheerleading' 'REAL case'. Ofcoarse I have fundamental reasons, I have given them, but windjc forgets those. I hope he was just joking, but it's not funny.
I'm exaggerating a little bit, too.. yet I don't think that you need to explain further... we come to different conclusions and NO one really knows. Certainly, he can provide his own analysis, and in the end, some bets may NOT pay off.. but that may NOT be the result of bad prediction, just inability to predict based upon the realities of actual manipulation that is taking place.. You can only go so far to predict the extent of the manipulation.
For all we know, Uncle Sam may have the 650K missing GOX coins and using those coins to undermine bitcoin... Uncle sam has a better chance of undermining bitcoin, if they can widdle away public confidence while bitcoin is still in its infancy stages. Additionally, some big banks may be willing to engage in some of this purposeful loss of money to manipulate the market downward... we do NOT really know for sure whether some manipulator(s), to the extent they exist may be operating at a loss in order to affect the price.
Sorry to be so conspiratorial.. but I think that there is only so much that you can do with TA lines.
April 22, 2014, 10:00:21 PM
April 22, 2014, 09:57:56 PM
I was just hoping you could offer more comprehensive analysis. I won't ask again.
The whole story is right here.
April 22, 2014, 09:41:36 PM
Come on, Chessnut, make a REAL case for us. You have been chattering on cheerleading the market with bullish expectations. But posting these same charts over and over again and saying things like we will go up because triangles normally continue direction is ridiculously weak TA. Make a real case for us. Tell us where the money came from to take us up. Tell us where that money is now. Tell us why we can capitulate on historically low volume. Tell us why this is really different than March. Make a real case. Answer all our bearish doubts with some real substance. We wanna believe that we can go into another bull market. Tell us why we really really should believe this without posting that one chart over and over. Give us some real meat, Chessnut!
Usually, I had been seeing Chestnut lose his cool b/c guys were pounding on him and beating him up, and in this instance, it seems that Chestnut is coming out ahead... GO Chestnut!!! I am a fan of the underdog. hehehe
well I thought that was pretty inflammatory what he said up there. 'cheerleading' 'REAL case'. Ofcoarse I have fundamental reasons, I have given them, but windjc forgets those. I hope he was just joking, but it's not funny.
April 22, 2014, 09:25:57 PM
Come on, Chessnut, make a REAL case for us. You have been chattering on cheerleading the market with bullish expectations. But posting these same charts over and over again and saying things like we will go up because triangles normally continue direction is ridiculously weak TA. Make a real case for us. Tell us where the money came from to take us up. Tell us where that money is now. Tell us why we can capitulate on historically low volume. Tell us why this is really different than March. Make a real case. Answer all our bearish doubts with some real substance. We wanna believe that we can go into another bull market. Tell us why we really really should believe this without posting that one chart over and over. Give us some real meat, Chessnut!
hey im not the one who sold at 475... lol
your reasons are not strong. you cant explain why the price is going up. same old excuse - no fiat. well you are obviously wrong.
you are only so offended because you dont have the reason to convince yourself that we are in a bear market. just keep dreaming.
capitulation doesnt always happen at the bottom, youv'e had your volume, and we have seen a divergance wave.
Look, man. My post wasn't sarcastic. I was ACTUALLY asking you to make a comprehensive case. The fact that you respond by saying that I am "offended" and "dreaming" and "wrong" and offered no further bull evidence makes you look the like the one who is defensive and scared. Yeah, I made a bad trade at 475 that I admitted to. Does that make the bull case stronger? Of course not. That was on me, not the market. I didn't follow my own rules in that one particular case.
But you are the one that is coming across as desperate. I don't give a flying f*** if we go up or down from here personally. I was simply asking you to make a comprehensive case. But you seem only interested in congratulating yourself on catching this wave up. Whatever.
Usually, I had been seeing Chestnut lose his cool b/c guys were pounding on him and beating him up, and in this instance, it seems that Chestnut is coming out ahead... GO Chestnut!!! I am a fan of the underdog. hehehe
April 22, 2014, 09:22:25 PM
Come on, Chessnut, make a REAL case for us. You have been chattering on cheerleading the market with bullish expectations. But posting these same charts over and over again and saying things like we will go up because triangles normally continue direction is ridiculously weak TA. Make a real case for us. Tell us where the money came from to take us up. Tell us where that money is now. Tell us why we can capitulate on historically low volume. Tell us why this is really different than March. Make a real case. Answer all our bearish doubts with some real substance. We wanna believe that we can go into another bull market. Tell us why we really really should believe this without posting that one chart over and over. Give us some real meat, Chessnut!
hey im not the one who sold at 475... lol
your reasons are not strong. you cant explain why the price is going up. same old excuse - no fiat. well you are obviously wrong.
you are only so offended because you dont have the reason to convince yourself that we are in a bear market. just keep dreaming.
capitulation doesnt always happen at the bottom, youv'e had your volume, and we have seen a divergance wave.
I think that Chessnut has given as good of an explanation as can be expected under the circumstances. The Bears have been attempting to strategically push the price down on several occasions over the last week or so.. and they just have NOT been successful... thus the price is likely to continue from the direction in which it came... he he he...
I was beginning to become a little bearish, too after seeing the lack of upward movement, but I just do NOT see a whole heck of a lot of ability for the bears to continue to push the price down (absent additional FUD). The bears have run out of steam, and they are getting tired of selling to themselves b/c NO one else seems to be selling.
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